FNDA vs. JMEE ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to JPMorgan Market Expansion Enhanced Equity ETF (JMEE)

FNDA

Schwab Fundamental U.S. Small Company Index ETF

FNDA Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Small Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$54.29

Average Daily Volume

273,739

Number of Holdings ^*

1004

* may have additional holdings in another (foreign) market

JMEE

JPMorgan Market Expansion Enhanced Equity ETF

JMEE Description

The investment seeks to provide investment results that correspond to or incrementally exceed the total return performance of the S&P 1000 Index that tracks the performance of the small- and mid-capitalization equity markets. Under normal circumstances, the fund will hold at least 80% of its assets in stocks in the index. The index is an index which includes stocks of small- and mid-capitalization companies. The fund may use futures contracts to gain or reduce exposure to its index, maintain liquidity and minimize transaction costs.

Grade (RS Rating)

Last Trade

$55.91

Average Daily Volume

84,928

Number of Holdings ^*

558

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	JMEE
30 Days	-2.40%	-2.14%
60 Days	-2.22%	-2.32%
90 Days	-2.06%	-2.71%
12 Months	11.30%	14.89%

377 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in JMEE	Overlap
AAON	B	0.06%	0.16%	0.06%
AAT	B	0.06%	0.08%	0.06%
ABCB	C	0.11%	0.28%	0.11%
ACA	D	0.16%	0.13%	0.13%
ACHC	F	0.18%	0.17%	0.17%
ACIW	A	0.15%	0.11%	0.11%
ACLS	B	0.06%	0.15%	0.06%
ADC	B	0.06%	0.28%	0.06%
ADUS	B	0.05%	0.05%	0.05%
AEIS	C	0.11%	0.13%	0.11%
AEO	F	0.06%	0.1%	0.06%
AGO	D	0.23%	0.14%	0.14%
AIRC	A	0.2%	0.05%	0.05%
AIT	C	0.22%	0.21%	0.21%
ALG	F	0.07%	0.12%	0.07%
ALK	F	0.06%	0.14%	0.06%
AM	B	0.1%	0.12%	0.1%
AMED	A	0.13%	0.22%	0.13%
AMH	A	0.19%	0.41%	0.19%
AMN	F	0.15%	0.03%	0.03%
AMR	D	0.15%	0.13%	0.13%
ANDE	D	0.07%	0.14%	0.07%
ANF	C	0.57%	0.3%	0.3%
APLE	D	0.16%	0.03%	0.03%
APOG	D	0.12%	0.04%	0.04%
ARCB	D	0.18%	0.16%	0.16%
ASH	D	0.22%	0.13%	0.13%
ASIX	F	0.04%	0.02%	0.02%
ATGE	A	0.18%	0.1%	0.1%
ATI	C	0.09%	0.2%	0.09%
AVNS	F	0.03%	0.03%	0.03%
AVNT	D	0.21%	0.2%	0.2%
AWR	D	0.06%	0.08%	0.06%
AX	B	0.09%	0.08%	0.08%
AZTA	D	0.06%	0.12%	0.06%
AZZ	D	0.12%	0.05%	0.05%
BANR	C	0.09%	0.25%	0.09%
BCO	B	0.18%	0.15%	0.15%
BCPC	A	0.09%	0.1%	0.09%
BDC	C	0.14%	0.12%	0.12%
BDN	D	0.1%	0.02%	0.02%
BJRI	B	0.04%	0.02%	0.02%
BKE	D	0.08%	0.03%	0.03%
BKU	C	0.24%	0.14%	0.14%
BLD	D	0.06%	0.4%	0.06%
BLKB	D	0.06%	0.11%	0.06%
BLMN	F	0.09%	0.04%	0.04%
BOOT	B	0.11%	0.11%	0.11%
BRBR	B	0.04%	0.25%	0.04%
BRC	B	0.04%	0.34%	0.04%
BRKL	D	0.03%	0.06%	0.03%
BRKR	F	0.12%	0.19%	0.12%
BSIG	C	0.08%	0.07%	0.07%
BYD	C	0.16%	0.1%	0.1%
CADE	D	0.18%	0.14%	0.14%
CAL	F	0.07%	0.05%	0.05%
CALM	B	0.15%	0.07%	0.07%
CARG	C	0.06%	0.06%	0.06%
CARS	C	0.04%	0.04%	0.04%
CASH	B	0.06%	0.19%	0.06%
CBSH	C	0.18%	0.18%	0.18%
CBT	D	0.21%	0.28%	0.21%
CCS	D	0.18%	0.06%	0.06%
CEIX	B	0.13%	0.07%	0.07%
CENTA	D	0.09%	0.04%	0.04%
CFFN	C	0.04%	0.02%	0.02%
CFR	D	0.17%	0.36%	0.17%
CGNX	B	0.17%	0.19%	0.17%
CHDN	B	0.17%	0.36%	0.17%
CHE	D	0.06%	0.26%	0.06%
CHEF	A	0.05%	0.1%	0.05%
CHRD	C	0.13%	0.33%	0.13%
CHX	C	0.12%	0.28%	0.12%
CIVI	D	0.11%	0.23%	0.11%
CLDT	D	0.02%	0.01%	0.01%
CLH	B	0.27%	0.58%	0.27%
CNM	D	0.12%	0.17%	0.12%
CNMD	D	0.05%	0.05%	0.05%
CNX	C	0.07%	0.06%	0.06%
CNXC	C	0.12%	0.02%	0.02%
COHU	B	0.05%	0.04%	0.04%
COKE	B	0.13%	0.15%	0.13%
COLM	D	0.18%	0.02%	0.02%
COOP	D	0.2%	0.27%	0.2%
CPF	B	0.03%	0.18%	0.03%
CPK	C	0.06%	0.21%	0.06%
CR	C	0.2%	0.19%	0.19%
CRC	C	0.17%	0.11%	0.11%
CROX	C	0.24%	0.28%	0.24%
CSR	B	0.03%	0.09%	0.03%
CTRE	A	0.02%	0.13%	0.02%
CUBE	B	0.18%	0.39%	0.18%
CUBI	B	0.06%	0.04%	0.04%
CUZ	D	0.16%	0.14%	0.14%
CVBF	C	0.09%	0.06%	0.06%
CVCO	D	0.12%	0.08%	0.08%
CWK	C	0.17%	0.05%	0.05%
CWT	C	0.08%	0.07%	0.07%
DEA	B	0.05%	0.04%	0.04%
DFIN	D	0.06%	0.08%	0.06%
DIOD	C	0.14%	0.08%	0.08%
DLX	D	0.12%	0.02%	0.02%
DNOW	D	0.16%	0.14%	0.14%
DRH	D	0.12%	0.05%	0.05%
DT	F	0.02%	0.27%	0.02%
DTM	B	0.19%	0.11%	0.11%
DXPE	D	0.04%	0.02%	0.02%
EEFT	D	0.19%	0.03%	0.03%
EGP	B	0.09%	0.44%	0.09%
ELS	C	0.21%	0.23%	0.21%
ENS	C	0.22%	0.12%	0.12%
ENSG	B	0.13%	0.18%	0.13%
ENV	C	0.07%	0.08%	0.07%
ENVA	B	0.13%	0.12%	0.12%
EPC	B	0.13%	0.06%	0.06%
EPR	C	0.14%	0.09%	0.09%
EPRT	A	0.05%	0.35%	0.05%
ERIE	C	0.03%	0.1%	0.03%
ESAB	D	0.14%	0.12%	0.12%
ESNT	C	0.17%	0.35%	0.17%
ETRN	D	0.06%	0.15%	0.06%
EVTC	F	0.04%	0.1%	0.04%
EXEL	C	0.14%	0.56%	0.14%
EXLS	B	0.1%	0.16%	0.1%
EXPI	F	0.05%	0.02%	0.02%
EXPO	C	0.07%	0.05%	0.05%
FBP	B	0.08%	0.25%	0.08%
FCF	B	0.06%	0.08%	0.06%
FCN	D	0.23%	0.19%	0.19%
FCPT	B	0.04%	0.06%	0.04%
FDP	F	0.16%	0.02%	0.02%
FELE	D	0.12%	0.34%	0.12%
FHI	C	0.05%	0.18%	0.05%
FIVE	F	0.09%	0.1%	0.09%
FIX	D	0.21%	0.45%	0.21%
FLGT	F	0.02%	0.09%	0.02%
FLS	D	0.27%	0.18%	0.18%
FN	C	0.18%	0.55%	0.18%
FNB	C	0.2%	0.13%	0.13%
FND	F	0.13%	0.16%	0.13%
FORM	A	0.1%	0.15%	0.1%
FR	C	0.1%	0.36%	0.1%
FSS	D	0.12%	0.14%	0.12%
FTDR	D	0.06%	0.07%	0.06%
FUL	D	0.19%	0.23%	0.19%
FWRD	D	0.07%	0.02%	0.02%
GBCI	D	0.13%	0.11%	0.11%
GDEN	F	0.02%	0.03%	0.02%
GEF	F	0.14%	0.08%	0.08%
GFF	D	0.1%	0.09%	0.09%
GHC	D	0.2%	0.02%	0.02%
GME	C	0.33%	0.17%	0.17%
GMED	B	0.16%	0.41%	0.16%
GMS	D	0.18%	0.22%	0.18%
GPRE	F	0.07%	0.05%	0.05%
GRBK	C	0.03%	0.06%	0.03%
GTLS	D	0.02%	0.14%	0.02%
GTY	D	0.02%	0.03%	0.02%
H	C	0.15%	0.18%	0.15%
HAE	C	0.1%	0.27%	0.1%
HAFC	C	0.02%	0.12%	0.02%
HAIN	D	0.07%	0.02%	0.02%
HAYN	C	0.01%	0.06%	0.01%
HCC	C	0.3%	0.15%	0.15%
HELE	F	0.15%	0.03%	0.03%
HFWA	D	0.02%	0.02%	0.02%
HGV	D	0.1%	0.25%	0.1%
HIW	C	0.2%	0.07%	0.07%
HMN	D	0.06%	0.04%	0.04%
HOPE	C	0.1%	0.12%	0.1%
HP	D	0.22%	0.07%	0.07%
HPP	D	0.13%	0.02%	0.02%
HQY	B	0.06%	0.36%	0.06%
HRB	B	0.07%	0.24%	0.07%
HTH	D	0.11%	0.14%	0.11%
HVT	F	0.04%	0.01%	0.01%
HWC	C	0.18%	0.16%	0.16%
HWKN	B	0.06%	0.05%	0.05%
HXL	D	0.19%	0.15%	0.15%
IART	C	0.07%	0.06%	0.06%
IBKR	B	0.09%	0.29%	0.09%
IBP	D	0.1%	0.12%	0.1%
ICHR	B	0.06%	0.15%	0.06%
IDA	D	0.19%	0.33%	0.19%
IDCC	A	0.1%	0.11%	0.1%
IIPR	B	0.01%	0.08%	0.01%
IOSP	D	0.13%	0.08%	0.08%
IRDM	D	0.07%	0.26%	0.07%
IRT	B	0.07%	0.12%	0.07%
ITGR	C	0.12%	0.11%	0.11%
JAZZ	F	0.07%	0.26%	0.07%
JBSS	D	0.06%	0.03%	0.03%
JBT	F	0.1%	0.08%	0.08%
KAR	C	0.14%	0.06%	0.06%
KELYA	D	0.15%	0.02%	0.02%
KEX	B	0.21%	0.21%	0.21%
KFY	B	0.21%	0.08%	0.08%
KLG	F	0.07%	0.02%	0.02%
KLIC	B	0.08%	0.32%	0.08%
KNF	C	0.16%	0.05%	0.05%
KRC	F	0.19%	0.18%	0.18%
KREF	D	0.03%	0.02%	0.02%
KRG	B	0.09%	0.14%	0.09%
KTB	D	0.13%	0.06%	0.06%
LBRT	D	0.15%	0.14%	0.14%
LFUS	C	0.18%	0.37%	0.18%
LNW	B	0.22%	0.45%	0.22%
LOPE	C	0.21%	0.12%	0.12%
LPG	C	0.06%	0.03%	0.03%
LRN	D	0.1%	0.08%	0.08%
LSCC	D	0.04%	0.24%	0.04%
LXP	B	0.09%	0.23%	0.09%
LZB	C	0.15%	0.04%	0.04%
MAC	D	0.26%	0.13%	0.13%
MANH	B	0.11%	0.48%	0.11%
MASI	F	0.14%	0.36%	0.14%
MAT	F	0.17%	0.16%	0.16%
MATX	B	0.06%	0.2%	0.06%
MEDP	C	0.09%	0.33%	0.09%
MHO	D	0.22%	0.09%	0.09%
MLKN	D	0.18%	0.06%	0.06%
MMS	B	0.07%	0.17%	0.07%
MMSI	B	0.08%	0.12%	0.08%
MODG	D	0.09%	0.05%	0.05%
MORN	B	0.11%	0.2%	0.11%
MSM	F	0.06%	0.11%	0.06%
MTDR	D	0.17%	0.39%	0.17%
MTRN	F	0.07%	0.12%	0.07%
MTX	C	0.17%	0.07%	0.07%
MXL	B	0.02%	0.04%	0.02%
MYE	F	0.02%	0.01%	0.01%
MYRG	F	0.1%	0.09%	0.09%
NBHC	B	0.01%	0.19%	0.01%
NBIX	C	0.07%	0.4%	0.07%
NGVT	F	0.11%	0.04%	0.04%
NMIH	B	0.07%	0.22%	0.07%
NNN	B	0.17%	0.25%	0.17%
NVRI	C	0.07%	0.02%	0.02%
NWE	D	0.16%	0.12%	0.12%
NX	F	0.07%	0.02%	0.02%
NYT	A	0.19%	0.24%	0.19%
OFG	B	0.05%	0.14%	0.05%
OGS	C	0.17%	0.18%	0.17%
OHI	B	0.25%	0.17%	0.17%
OII	B	0.08%	0.15%	0.08%
OLED	A	0.09%	0.25%	0.09%
OLLI	B	0.19%	0.1%	0.1%
OMCL	F	0.04%	0.03%	0.03%
ONB	B	0.14%	0.19%	0.14%
OPCH	F	0.1%	0.21%	0.1%
PATK	D	0.16%	0.08%	0.08%
PB	D	0.19%	0.34%	0.19%
PBH	C	0.11%	0.03%	0.03%
PCH	F	0.16%	0.2%	0.16%
PFBC	D	0.01%	0.03%	0.01%
PHIN	D	0.14%	0.15%	0.14%
PIPR	A	0.14%	0.16%	0.14%
PLAB	D	0.07%	0.04%	0.04%
PLAY	F	0.06%	0.08%	0.06%
PLNT	B	0.11%	0.2%	0.11%
PNFP	D	0.17%	0.35%	0.17%
POWI	D	0.09%	0.12%	0.09%
PPC	B	0.13%	0.04%	0.04%
PR	C	0.07%	0.25%	0.07%
PRDO	C	0.08%	0.05%	0.05%
PRFT	B	0.05%	0.08%	0.05%
PRGS	B	0.05%	0.05%	0.05%
PSMT	D	0.17%	0.08%	0.08%
PSTG	B	0.07%	0.83%	0.07%
PTEN	F	0.19%	0.15%	0.15%
PUMP	F	0.07%	0.02%	0.02%
QLYS	D	0.06%	0.13%	0.06%
RAMP	C	0.09%	0.19%	0.09%
RBC	C	0.08%	0.22%	0.08%
RDN	B	0.25%	0.13%	0.13%
RDNT	B	0.04%	0.07%	0.04%
REX	F	0.01%	0.06%	0.01%
REXR	C	0.08%	0.25%	0.08%
RGEN	F	0.03%	0.07%	0.03%
RGLD	B	0.13%	0.06%	0.06%
RH	D	0.12%	0.12%	0.12%
RLI	D	0.1%	0.21%	0.1%
RMBS	B	0.02%	0.19%	0.02%
RNR	D	0.19%	0.31%	0.19%
RNST	B	0.02%	0.05%	0.02%
ROCK	D	0.09%	0.06%	0.06%
ROIC	C	0.06%	0.21%	0.06%
RRC	D	0.13%	0.28%	0.13%
RUN	F	0.02%	0.37%	0.02%
RYN	D	0.14%	0.15%	0.14%
SAIA	C	0.21%	0.08%	0.08%
SAM	C	0.1%	0.08%	0.08%
SBCF	D	0.02%	0.05%	0.02%
SBRA	A	0.17%	0.15%	0.15%
SBSI	D	0.03%	0.07%	0.03%
SF	B	0.24%	0.23%	0.23%
SGH	B	0.06%	0.14%	0.06%
SHO	C	0.11%	0.06%	0.06%
SHOO	C	0.19%	0.1%	0.1%
SIG	D	0.22%	0.15%	0.15%
SITC	B	0.12%	0.07%	0.07%
SIX	B	0.18%	0.06%	0.06%
SKYW	B	0.16%	0.1%	0.1%
SLAB	D	0.15%	0.25%	0.15%
SLG	B	0.07%	0.15%	0.07%
SLGN	D	0.09%	0.1%	0.09%
SMG	D	0.21%	0.08%	0.08%
SMPL	D	0.05%	0.09%	0.05%
SMTC	C	0.1%	0.06%	0.06%
SNEX	B	0.01%	0.1%	0.01%
SONO	F	0.06%	0.27%	0.06%
SPSC	B	0.04%	0.22%	0.04%
SR	C	0.19%	0.05%	0.05%
SRCL	B	0.2%	0.04%	0.04%
SSD	F	0.17%	0.26%	0.17%
STAG	B	0.11%	0.03%	0.03%
STRA	C	0.11%	0.07%	0.07%
SUPN	F	0.04%	0.04%	0.04%
SWX	D	0.28%	0.03%	0.03%
SXC	D	0.06%	0.08%	0.06%
SXI	D	0.06%	0.03%	0.03%
SXT	C	0.15%	0.08%	0.08%
TALO	F	0.09%	0.01%	0.01%
TBBK	B	0.01%	0.05%	0.01%
TCBI	C	0.11%	0.03%	0.03%
TDC	C	0.15%	0.11%	0.11%
TEX	D	0.19%	0.11%	0.11%
TILE	D	0.07%	0.03%	0.03%
TNL	D	0.07%	0.15%	0.07%
TREX	F	0.13%	0.03%	0.03%
TRIP	F	0.08%	0.13%	0.08%
TRMK	C	0.1%	0.05%	0.05%
TTEK	D	0.24%	0.33%	0.24%
TXRH	B	0.29%	0.3%	0.29%
UCBI	D	0.08%	0.04%	0.04%
UCTT	A	0.11%	0.11%	0.11%
UMBF	C	0.13%	0.05%	0.05%
UNIT	D	0.11%	0.02%	0.02%
URBN	C	0.22%	0.09%	0.09%
USNA	F	0.05%	0.01%	0.01%
UTHR	B	0.3%	0.91%	0.3%
UTL	D	0.03%	0.17%	0.03%
VAL	B	0.05%	0.13%	0.05%
VBTX	C	0.05%	0.13%	0.05%
VGR	C	0.08%	0.04%	0.04%
VIR	F	0.02%	0.26%	0.02%
VMI	C	0.22%	0.11%	0.11%
VNT	D	0.17%	0.1%	0.1%
VREX	F	0.02%	0.02%	0.02%
VRTS	D	0.02%	0.08%	0.02%
VSCO	D	0.15%	0.05%	0.05%
VTOL	C	0.01%	0.03%	0.01%
VVV	B	0.18%	0.24%	0.18%
WAFD	C	0.13%	0.09%	0.09%
WBS	D	0.18%	0.33%	0.18%
WD	D	0.15%	0.03%	0.03%
WEX	D	0.12%	0.34%	0.12%
WFRD	B	0.07%	0.09%	0.07%
WGO	F	0.14%	0.04%	0.04%
WH	C	0.19%	0.16%	0.16%
WING	B	0.06%	0.37%	0.06%
WMS	D	0.15%	0.31%	0.15%
WNC	F	0.09%	0.02%	0.02%
WOLF	F	0.03%	0.04%	0.03%
WSFS	B	0.08%	0.08%	0.08%
WTFC	D	0.19%	0.2%	0.19%
WTRG	C	0.06%	0.25%	0.06%
WTS	D	0.13%	0.31%	0.13%
WWD	D	0.28%	0.09%	0.09%
WWW	C	0.13%	0.05%	0.05%
XHR	D	0.11%	0.08%	0.08%
XPO	C	0.25%	0.15%	0.15%
YELP	F	0.15%	0.07%	0.07%
YETI	F	0.08%	0.09%	0.08%
ZD	F	0.14%	0.08%	0.08%
ZEUS	F	0.04%	0.01%	0.01%
ZI	F	0.04%	0.27%	0.04%

FNDA Overweight 627 Positions Relative to JMEE

Symbol	Grade	Weight
SATS	B	0.45%
COIN	C	0.41%
SMCI	B	0.41%
RCL	B	0.41%
CRUS	A	0.31%
FICO	A	0.29%
KMPR	C	0.28%
TPC	C	0.28%
DY	B	0.28%
AMKR	B	0.27%
SLVM	D	0.26%
WIRE	A	0.26%
VLTO	D	0.25%
GEO	B	0.25%
UAL	D	0.24%
SEM	A	0.24%
SCCO	C	0.24%
SPR	B	0.24%
SPOT	B	0.24%
RXO	B	0.23%
ESI	B	0.23%
ENTG	B	0.23%
HEI	B	0.23%
AGNC	A	0.23%
SPB	D	0.23%
DBRG	F	0.22%
ELAN	D	0.22%
BKH	D	0.22%
GATX	B	0.22%
BWXT	B	0.22%
FRT	C	0.22%
TTMI	B	0.21%
PRG	D	0.21%
BHE	D	0.21%
WAL	B	0.21%
ADTN	D	0.2%
EBS	B	0.2%
MOG.A	C	0.2%
AWI	D	0.2%
CRS	B	0.2%
VRT	C	0.2%
DHC	B	0.2%
TRN	D	0.19%
PLXS	D	0.19%
PDCO	F	0.19%
COLD	C	0.19%
RPRX	F	0.19%
GVA	B	0.19%
WTM	D	0.18%
GBX	D	0.18%
OZK	D	0.18%
TROX	D	0.18%
GIII	F	0.18%
DEI	D	0.18%
CACC	B	0.18%
ALE	C	0.18%
UAA	F	0.18%
CXW	D	0.18%
STC	D	0.18%
INCY	D	0.18%
FDS	C	0.18%
ASB	D	0.18%
WYNN	D	0.18%
NJR	D	0.17%
VIRT	C	0.17%
PNM	D	0.17%
Z	C	0.17%
LCII	F	0.17%
PFSI	B	0.17%
FHB	C	0.17%
PINC	F	0.17%
HNI	C	0.17%
SCS	C	0.17%
HRI	F	0.17%
MPWR	B	0.17%
CSGP	F	0.17%
IMKTA	F	0.17%
ZM	F	0.16%
KMT	F	0.16%
JELD	F	0.16%
HLF	C	0.16%
OMI	F	0.16%
AVA	D	0.16%
WMK	D	0.16%
UBSI	D	0.16%
MOD	B	0.16%
AGR	C	0.16%
HLI	A	0.16%
APG	C	0.16%
NOMD	D	0.16%
ATKR	F	0.16%
UNF	B	0.16%
MC	A	0.16%
SBH	D	0.16%
SVC	F	0.16%
SN	C	0.16%
B	B	0.16%
AXS	C	0.16%
LITE	B	0.15%
SUM	D	0.15%
UVV	D	0.15%
MTCH	F	0.15%
BIO	D	0.15%
SIGI	F	0.15%
EAT	C	0.15%
COLB	D	0.15%
THS	C	0.15%
ROL	A	0.15%
VSTO	B	0.14%
SCSC	D	0.14%
VLY	F	0.14%
APAM	D	0.14%
RIG	F	0.14%
SCL	D	0.14%
OUT	C	0.14%
AROC	B	0.14%
LAUR	C	0.14%
NEU	D	0.14%
AIR	B	0.14%
SAH	D	0.14%
DLB	D	0.14%
NVST	F	0.14%
HE	F	0.14%
BXMT	C	0.14%
KALU	D	0.13%
IGT	F	0.13%
VSTS	F	0.13%
GTES	D	0.13%
WEN	F	0.13%
CVLT	B	0.13%
FULT	D	0.13%
MCY	C	0.13%
DDS	D	0.13%
RLJ	F	0.13%
DASH	C	0.13%
TYL	A	0.13%
ETSY	F	0.13%
JBGS	B	0.13%
IPGP	D	0.13%
HI	F	0.13%
LGIH	F	0.13%
PINS	B	0.13%
SITE	F	0.13%
BFAM	C	0.13%
ITRI	C	0.13%
ARES	C	0.13%
CATY	D	0.13%
VEEV	D	0.13%
TPG	D	0.12%
BOH	F	0.12%
IAC	F	0.12%
TNET	F	0.12%
PTC	B	0.12%
CNK	A	0.12%
AMWD	F	0.12%
ABNB	B	0.12%
SNDR	B	0.12%
HIBB	A	0.12%
SFNC	D	0.12%
JBLU	C	0.12%
ECPG	D	0.11%
JACK	F	0.11%
DOLE	C	0.11%
PDM	B	0.11%
ICUI	B	0.11%
TWLO	D	0.11%
CBRL	F	0.11%
VC	D	0.11%
CSTM	D	0.11%
BMRN	C	0.11%
TECH	D	0.11%
OTTR	D	0.11%
APP	B	0.11%
MSA	C	0.11%
TPL	B	0.11%
MKTX	C	0.11%
LANC	B	0.11%
PLUS	D	0.11%
CABO	F	0.11%
SKY	F	0.11%
BGC	C	0.11%
DXCM	D	0.11%
GO	D	0.1%
ORA	C	0.1%
SYNA	F	0.1%
FFBC	D	0.1%
FIBK	B	0.1%
SIRI	C	0.1%
NHC	A	0.1%
ICFI	D	0.1%
DNB	F	0.1%
DORM	C	0.1%
PSN	C	0.1%
ONTO	B	0.1%
AIN	D	0.1%
IBOC	C	0.1%
WDAY	D	0.1%
AXL	F	0.1%
WSC	F	0.1%
BOKF	D	0.1%
PECO	C	0.1%
WOR	F	0.1%
KOS	F	0.1%
ENOV	F	0.1%
PBI	A	0.1%
NMRK	C	0.1%
MWA	C	0.1%
CBU	B	0.09%
HCSG	D	0.09%
CBZ	D	0.09%
CNXN	D	0.09%
VSAT	F	0.09%
KFRC	D	0.09%
ALEX	B	0.09%
NTCT	D	0.09%
CWEN	D	0.09%
SCHL	D	0.09%
TW	C	0.09%
ESGR	A	0.09%
THRM	F	0.09%
GCI	B	0.09%
FSLR	C	0.09%
CACC	B	0.09%
AMCX	F	0.09%
NSP	F	0.09%
RHP	D	0.09%
ESRT	C	0.09%
WSBC	D	0.09%
NPO	D	0.09%
UE	B	0.09%
NHI	A	0.09%
ARI	D	0.09%
LGF.A	D	0.09%
HEES	F	0.09%
RRR	B	0.09%
PPBI	F	0.09%
OSIS	C	0.09%
ENR	C	0.09%
PMT	C	0.09%
PGRE	C	0.09%
BKD	C	0.09%
AMRK	C	0.09%
SKT	D	0.09%
ABR	B	0.09%
NWN	F	0.08%
MRC	D	0.08%
CNA	B	0.08%
FRME	D	0.08%
KN	D	0.08%
CODI	D	0.08%
HZO	C	0.08%
BV	C	0.08%
HL	C	0.08%
SAFT	D	0.08%
OXM	D	0.08%
PFS	D	0.08%
AZEK	D	0.08%
KW	C	0.08%
PLTR	A	0.08%
CVI	F	0.08%
STNG	B	0.08%
CLW	D	0.08%
RYI	F	0.08%
COTY	F	0.08%
MGEE	D	0.08%
OEC	F	0.08%
AY	B	0.08%
MELI	B	0.08%
HTLF	B	0.08%
LADR	A	0.08%
JJSF	B	0.08%
ROG	D	0.08%
GNL	C	0.08%
EMBC	F	0.08%
GOLF	C	0.08%
STRL	D	0.08%
REVG	D	0.08%
SFL	C	0.08%
NUS	F	0.08%
MGY	B	0.08%
HLX	B	0.08%
EIG	C	0.08%
MGRC	D	0.08%
PEB	D	0.08%
CDE	A	0.08%
CNDT	D	0.07%
VRSN	C	0.07%
CORT	C	0.07%
JWN	B	0.07%
INDB	D	0.07%
FTI	B	0.07%
REYN	D	0.07%
HALO	B	0.07%
EYE	F	0.07%
TTD	A	0.07%
KOP	F	0.07%
VSH	D	0.07%
PAGS	C	0.07%
GTN	F	0.07%
NBR	F	0.07%
CAKE	C	0.07%
CSGS	F	0.07%
KAI	B	0.07%
PRK	B	0.07%
NSA	B	0.07%
NWBI	C	0.07%
CHH	B	0.07%
FFIN	D	0.07%
GES	D	0.07%
DHT	D	0.07%
SWBI	D	0.07%
LILAK	B	0.07%
AKR	A	0.07%
IBTX	B	0.07%
ROKU	C	0.07%
CCO	C	0.07%
CMPR	B	0.07%
VIAV	D	0.07%
PTVE	F	0.07%
ESE	D	0.07%
MRTN	C	0.07%
NTB	C	0.07%
TOWN	B	0.07%
SASR	C	0.07%
TNC	D	0.07%
CPNG	C	0.07%
NOW	A	0.07%
RNG	F	0.07%
MATV	D	0.07%
BGS	F	0.07%
ZUMZ	B	0.06%
GLNG	A	0.06%
TBI	F	0.06%
SABR	D	0.06%
STBA	B	0.06%
PRAA	F	0.06%
CWST	B	0.06%
THRY	F	0.06%
BZH	F	0.06%
ZIMV	B	0.06%
GWRE	A	0.06%
W	D	0.06%
ENPH	F	0.06%
CNSL	B	0.06%
AGRO	D	0.06%
SBLK	D	0.06%
BUSE	B	0.06%
SNBR	F	0.06%
NTGR	C	0.06%
CSWI	A	0.06%
DBX	D	0.06%
FOXF	C	0.06%
CCOI	D	0.06%
ACCO	F	0.06%
LYFT	F	0.06%
CNS	B	0.06%
HOMB	D	0.06%
KWR	F	0.06%
PAYC	F	0.06%
VRRM	B	0.06%
CRL	F	0.06%
AAL	F	0.06%
APO	B	0.06%
OPEN	F	0.06%
TRS	D	0.06%
AAN	B	0.06%
MD	F	0.06%
BMI	C	0.06%
NBTB	B	0.06%
BSY	D	0.06%
ATSG	C	0.06%
NNI	C	0.06%
GFS	C	0.06%
ASTE	F	0.05%
VRNT	C	0.05%
DAC	C	0.05%
PRA	F	0.05%
SJW	D	0.05%
TDOC	F	0.05%
STNE	D	0.05%
XP	F	0.05%
COMP	C	0.05%
AGX	C	0.05%
LOGC	C	0.05%
LBRDK	C	0.05%
CPS	F	0.05%
ILPT	F	0.05%
EAF	F	0.05%
CMRE	C	0.05%
MYGN	B	0.05%
TNK	C	0.05%
CMCO	F	0.05%
PARR	F	0.05%
MMI	D	0.05%
GLOB	C	0.05%
INSW	C	0.05%
MERC	F	0.05%
HTLD	C	0.05%
LIVN	D	0.05%
NOVT	C	0.05%
TRNO	B	0.05%
MRCY	D	0.05%
GCO	F	0.05%
SENEA	C	0.05%
NEOG	C	0.05%
PJT	A	0.05%
WHD	C	0.05%
RGR	F	0.05%
HURN	C	0.05%
KTOS	B	0.05%
EPAC	B	0.05%
CRK	D	0.05%
WDFC	D	0.05%
TRTX	B	0.05%
RDUS	F	0.05%
TUP	F	0.05%
EBC	B	0.05%
ZWS	D	0.05%
ALIT	F	0.05%
INVA	B	0.05%
SCVL	C	0.05%
ECVT	D	0.05%
ROAD	D	0.05%
BNL	B	0.05%
CTS	D	0.05%
BXC	F	0.05%
GDOT	F	0.04%
EGBN	F	0.04%
MTW	F	0.04%
CLVT	F	0.04%
SSTK	F	0.04%
EBF	B	0.04%
FBNC	C	0.04%
GLDD	C	0.04%
TSE	F	0.04%
CVGW	F	0.04%
PRLB	D	0.04%
NVEE	F	0.04%
SEB	F	0.04%
LKFN	D	0.04%
AHCO	D	0.04%
STEP	B	0.04%
ETD	D	0.04%
UIS	D	0.04%
CNNE	D	0.04%
BRY	D	0.04%
MATW	F	0.04%
ALRM	C	0.04%
CRAI	C	0.04%
GNK	D	0.04%
UVE	D	0.04%
RWT	B	0.04%
RES	F	0.04%
AUB	C	0.04%
WTTR	B	0.04%
PODD	C	0.04%
SHEN	C	0.04%
DBI	F	0.04%
PRIM	D	0.04%
COMM	F	0.04%
CHCO	C	0.04%
SSB	D	0.04%
HMST	C	0.04%
CWH	F	0.04%
MNRO	F	0.04%
LTC	A	0.04%
CBL	B	0.04%
SFIX	B	0.04%
LNN	D	0.04%
EFSC	C	0.04%
WRLD	D	0.04%
SMP	F	0.04%
TNP	B	0.04%
ARKO	D	0.03%
IVT	C	0.03%
OPK	D	0.03%
NPK	D	0.03%
CMP	F	0.03%
SNAP	B	0.03%
BANF	D	0.03%
AVO	F	0.03%
CMTG	D	0.03%
RKT	C	0.03%
TOST	B	0.03%
BRSP	D	0.03%
IRBT	F	0.03%
PEN	D	0.03%
PFC	D	0.03%
RC	C	0.03%
SRCE	B	0.03%
IHRT	F	0.03%
DRQ	F	0.03%
HLIO	D	0.03%
HAYW	F	0.03%
XPRO	C	0.03%
FLWS	C	0.03%
FIZZ	B	0.03%
RGP	F	0.03%
WABC	D	0.03%
AMBC	F	0.03%
HASI	D	0.03%
NOG	C	0.03%
SRI	F	0.03%
AMC	C	0.03%
ALKS	C	0.03%
TCBK	C	0.03%
OPI	F	0.03%
PTON	F	0.03%
ARCO	D	0.03%
ALTO	F	0.03%
OCFC	B	0.03%
HSII	D	0.03%
DO	C	0.03%
SNOW	D	0.03%
UFCS	D	0.03%
PZZA	F	0.03%
RILY	F	0.03%
SHYF	F	0.03%
PEGA	D	0.03%
EXAS	D	0.03%
WOOF	C	0.03%
DCO	B	0.03%
TPIC	D	0.03%
WOW	C	0.03%
CTRN	F	0.03%
AGL	D	0.03%
BBSI	B	0.03%
CLB	B	0.03%
IPAR	F	0.03%
GPMT	F	0.02%
ATNI	F	0.02%
KNSL	F	0.02%
RYAM	C	0.02%
AVD	F	0.02%
USM	B	0.02%
AGM	B	0.02%
LYV	C	0.02%
PRVA	D	0.02%
BMBL	F	0.02%
SSYS	F	0.02%
JRVR	F	0.02%
LEVI	D	0.02%
SSP	F	0.02%
OIS	F	0.02%
DAY	F	0.02%
MED	F	0.02%
CCSI	D	0.02%
CRMT	F	0.02%
VSEC	B	0.02%
ASTH	C	0.02%
MODV	F	0.02%
KRNY	C	0.02%
CALX	C	0.02%
CRGY	B	0.02%
OKTA	C	0.02%
PLOW	F	0.02%
DIN	F	0.02%
CCRN	F	0.02%
DENN	F	0.02%
MOV	D	0.02%
VCTR	D	0.02%
TMP	C	0.02%
EVRI	C	0.02%
CNOB	F	0.02%
DHIL	F	0.02%
USPH	F	0.02%
SGRY	F	0.02%
CSV	C	0.02%
MEI	F	0.02%
WASH	C	0.02%
TITN	F	0.02%
ALGT	F	0.02%
CENT	F	0.01%
ALGM	C	0.01%
MGPI	F	0.01%
MSBI	D	0.01%
DNUT	F	0.01%
PCRX	F	0.01%
HY	D	0.01%
INMD	F	0.01%
NIC	C	0.01%
CRVL	B	0.01%
GSM	C	0.01%
PEBO	D	0.01%
SPWH	F	0.01%
HOV	D	0.01%
THR	D	0.01%
FBK	B	0.01%
HLNE	B	0.01%
LGND	B	0.01%
LXU	F	0.01%
TTEC	F	0.01%
ONEW	D	0.01%
BHLB	C	0.01%
PRM	B	0.01%
AMRC	F	0.01%
CMTL	D	0.01%
PKST	F	0.01%
MBUU	F	0.01%
IIIN	F	0.01%
MP	D	0.01%
NR	C	0.01%
AMSF	F	0.01%
AOSL	B	0.01%
TK	C	0.01%
SBOW	B	0.01%
GPRO	F	0.01%
WMG	D	0.01%
EDR	A	0.01%
KE	F	0.01%
CLOV	B	0.01%
NU	B	0.01%
PETS	F	0.01%
IRWD	F	0.01%
LESL	F	0.01%
GSL	C	0.01%
SLCA	B	0.01%
SEDG	F	0.01%
PLCE	F	0.01%
SFBS	C	0.01%
CHGG	F	0.0%
TWI	F	0.0%
EVH	F	0.0%
GIC	F	0.0%
CRNC	F	0.0%
WTI	D	0.0%
AMPH	F	0.0%

FNDA Underweight 181 Positions Relative to JMEE

Symbol	Grade	Weight
GDDY	A	-0.83%
CSL	C	-0.78%
EME	D	-0.71%
THC	C	-0.63%
NVT	D	-0.62%
CASY	B	-0.61%
RS	D	-0.6%
RGA	C	-0.59%
CACI	B	-0.59%
WSM	D	-0.57%
COHR	B	-0.55%
EHC	B	-0.54%
ACM	D	-0.53%
OC	D	-0.51%
TOL	D	-0.51%
EQH	B	-0.48%
CIEN	F	-0.47%
PFGC	D	-0.46%
EWBC	D	-0.46%
WSO	B	-0.45%
LII	B	-0.44%
DCI	D	-0.44%
UFPI	D	-0.43%
ELF	C	-0.42%
UNM	D	-0.42%
DKS	C	-0.41%
JLL	B	-0.4%
GGG	D	-0.4%
BRX	B	-0.39%
LSTR	D	-0.39%
MLI	C	-0.39%
KNX	C	-0.38%
OGE	C	-0.38%
ALV	D	-0.37%
FHN	C	-0.36%
OVV	D	-0.36%
SKX	C	-0.36%
INGR	D	-0.36%
BERY	D	-0.36%
SM	D	-0.35%
AMG	D	-0.35%
SWN	D	-0.34%
G	D	-0.33%
AGCO	F	-0.33%
ARW	D	-0.33%
BJ	B	-0.33%
USFD	C	-0.32%
MTG	B	-0.32%
CMC	D	-0.32%
MUSA	C	-0.31%
SON	F	-0.3%
AN	D	-0.3%
SFM	B	-0.3%
FNF	D	-0.29%
ARMK	C	-0.29%
RPM	D	-0.29%
SCI	C	-0.29%
SNX	D	-0.29%
ALLY	B	-0.29%
JEF	B	-0.28%
AFG	D	-0.28%
DINO	D	-0.28%
LAMR	B	-0.28%
BURL	B	-0.28%
ITT	D	-0.28%
GKOS	A	-0.27%
RRX	F	-0.27%
LPX	D	-0.26%
CELH	F	-0.26%
KBR	D	-0.25%
MTH	D	-0.25%
AYI	D	-0.24%
GLPI	B	-0.24%
BCC	F	-0.23%
PK	D	-0.23%
LECO	F	-0.23%
NOV	D	-0.22%
ATR	D	-0.22%
SEIC	D	-0.22%
TKR	D	-0.22%
MKSI	B	-0.21%
PVH	F	-0.21%
TMHC	D	-0.21%
VFC	D	-0.21%
CLF	D	-0.21%
TPH	D	-0.2%
DUOL	F	-0.2%
SNV	B	-0.2%
TPX	D	-0.2%
VOYA	D	-0.2%
OSK	D	-0.19%
MAN	D	-0.19%
UGI	D	-0.19%
WCC	D	-0.19%
PLMR	C	-0.19%
CCK	F	-0.19%
DAR	F	-0.18%
MTZ	C	-0.18%
JHG	B	-0.18%
LAD	F	-0.18%
KBH	D	-0.18%
BC	F	-0.18%
SLM	D	-0.17%
EXP	D	-0.17%
SAIC	D	-0.17%
MUR	D	-0.17%
R	B	-0.17%
X	C	-0.16%
POST	C	-0.16%
ORI	D	-0.16%
GPS	C	-0.16%
ASGN	D	-0.15%
MARA	C	-0.15%
FLO	D	-0.15%
TTC	C	-0.15%
FYBR	B	-0.15%
MDU	C	-0.15%
STWD	D	-0.15%
JXN	C	-0.14%
BANC	D	-0.14%
PCTY	F	-0.14%
CG	C	-0.14%
CHCT	F	-0.14%
MTN	F	-0.14%
CC	F	-0.14%
ABG	D	-0.14%
THO	D	-0.13%
GNTX	D	-0.13%
GXO	F	-0.13%
M	C	-0.13%
ASO	F	-0.12%
ARWR	C	-0.12%
HOG	F	-0.12%
EVR	A	-0.12%
GPI	D	-0.12%
CPRI	D	-0.11%
SHAK	D	-0.11%
AR	D	-0.11%
PBF	F	-0.11%
AVAV	D	-0.11%
AA	B	-0.11%
VAC	F	-0.1%
CNO	B	-0.1%
FAF	D	-0.1%
AAP	F	-0.1%
REZI	D	-0.09%
GT	F	-0.09%
PII	F	-0.09%
ABM	B	-0.09%
DV	D	-0.09%
NATL	B	-0.08%
PENN	C	-0.08%
AXTA	D	-0.08%
GNW	D	-0.07%
NWL	F	-0.07%
HUBG	C	-0.07%
SITM	B	-0.06%
ADNT	F	-0.06%
AHH	B	-0.06%
QNST	C	-0.06%
CAR	F	-0.06%
GOGO	D	-0.06%
ODP	F	-0.06%
OI	F	-0.05%
FL	D	-0.05%
CW	C	-0.05%
VVI	D	-0.05%
TDS	B	-0.05%
JOE	D	-0.04%
RCM	F	-0.04%
ARCH	C	-0.04%
DAN	F	-0.04%
DCOM	C	-0.03%
HBI	C	-0.03%
CRI	F	-0.03%
EFC	B	-0.02%
DGII	D	-0.02%
HSTM	C	-0.02%
VECO	B	-0.01%
BFS	C	-0.01%
HTZ	F	-0.01%